The Diversified Portfolio Corporation provides investment advice to customers. Acondensed statement of profit or loss for the year anded December 21, 2025, oceans below SOM TOVU O expenses Pros be income S000.000 700.000 200,000 40,000 $160.000 The following terment of inancial position information is also available 2/31/23 ca $315.000 Accountancov 120.000 Accounts payable operating) 70.000 Income payable 10.000 12301 $ 70,000 100.000 00.000 15.000 In addition, the following transaction took place during the year 1. Orinary shares were issued for 100.000 in cash 2. Long term investments were told for $80,000 cash. The original cost of the investments was $60.000 3.500.000 inch dividends was paid to shareholders The company has no outstanding detit, other than those payable isted Move 5. Operating expens include $30.000 in depreciation expense Required 1. Prepare a statement of cash fows for 2023 for the Diversited Portfolio Corporation. Use the direct method for reporting operating act Assume that dividende portadanang 2. Prepare the cash flows from operating section of Diversified 2023 art of cash flows using the indirect methods that didends poidsrechased as anong cho Complete this question by entering your answers in the tabs below. w Red 2 Prepare the cash flows from operating activities section of Diversified's 2023 statement of cash flows using the Indirect method, name that dividends paid are consified as financing cash flows. (Amounts to be deducted should be indicated with